Away from the tangible towards the intangible.

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Thank Fathom it’s Friday – Are we living in a material world?

Fathom Consulting, October 27th 2017

"Much has been written, and continues to be written, about the decline of bricks-and-mortar retail spaces – shopping malls etc. – in favour of online retail outlets such as Amazon (see for example an article in the Wall Street Journal).

But underneath that shift, which is undoubtedly real, perhaps there’s another shift, away from the consumption of material things in general, and towards the consumption of experiences.

"Russian stocks advanced more in price than American stocks between 1864 and 1914, but American companies paid larger dividends. Price and dividends offset each other and during that 45-year period, the two stock markets provided approximately equal returns."